Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$668,000

Under Contract
43 Hobart Ter, Braintree, MA 02184
3 Beds
1 Bath
1,848 Square Feet
0.42 Acres Lot
Built in 1900
Under Contract
Units n/a
Checked: 15 hours ago
Updated: Sep 04, 2025 at 10:08AM

Investment Summary


Monthly Cash Flow
-$1,485
Cap Rate
3.0%
Cash-on-Cash Return
-11.6%
Debt Coverage Ratio
0.53
Internal Rate of Return (5 years)
-7.2%

Property Description


0.42 Acres Lot
Built in 1900
Under Contract
Units n/a

****Dramatic Price Reduction *****This stunning contemporary modern residence is located at the end lot of Hobart Ter and comes with 0.418 acres of land that provides not only ample privacy but also substantial potential. This property is prominently features with enormous improvements since 2022, and the renovations include a new roof, new central air system, updated 200 amps electric, stylish L-shaped vogue kitchen with high-quality stainless-steel appliances, range, dishwasher, refrigerator, and hood creates a sophisticated classy taste. Modernized bathroom with trendy tiles. Spectacular hardwood flooring elevates the overall aesthetics of the space. 3 sizeable bedrooms with bonus-finished basement which offers plentiful space for additional office. Close to commuter rail station, schools, banks, and shopping. Enjoy the pride of being the new ownership of this property.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Details: Paved
  • Garage Spaces: 0
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 1.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Full, Finished, Interior Entry

Exterior Features

  • Exterior Walls Materials: Wood Siding
  • Foundation: Block
  • Roof Type: Gable
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: BRAIM:3009B:0L:91
  • Lot Size: 18199 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Contemporary
  • Year Built: 1900

Tax Information

  • Annual Tax: $5,560

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air
  • Cooling: Central Air

Location

  • County: Norfolk

Investment Summary


Monthly Cash Flow
-$1,485
Cap Rate
3.0%
Cash-on-Cash Return
-11.6%
Debt Coverage Ratio
0.53
Internal Rate of Return (5 years)
-7.2%

Purchase Details

Find an Agent

Purchase price:
$668,000
Amount financed:
-$534,400
Down payment:
$133,600
Closing costs:
$20,040
Rehab costs:
$0
Initial cash invested:
$153,640
Square feet:
1,848
Cost per square foot:
$361
Monthly rent per square foot:
$1.68

Financing Details

Find a Lender

Loan amount:
$534,400
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,161
Property tax:
$463
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,841

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (15%)
15%-$463-$5,560
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (40%)
40%-$1,238-$14,860

Cash Flow


Monthly Yearly
Net operating income:
$1,676 $20,112
Mortgage payments:
-$3,161 -$37,932
Cash flow:
$1,485 $17,820